1.20.2008

Will City Lose $2.5 Billion Film And Residential Development?

A major snag could be in the picture for Villa Muse, the $2.5 billion development in East Travis County that would include a major film production studio, office buildings and high-end housing.

Villa Muse would lie outside Austin city limits but within its five-mile growth zone, known as an "extra-territorial jurisdiction," or ETJ. Villa Muse wants out of the ETJ, but the city is saying "not so fast." As Shakespeare would say: "There lies the rub."


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